Canada · Delayed Price · Currency is CAD · Price in USD GO Residential Real Estate Investment Trust Earnings Call Transcripts
Fiscal Year 2026
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Q2 2026 results exceeded forecasts across all key metrics, with revenue, NOI, FFO, and AFFO all ahead of plan. A major transaction will expand the portfolio to 35 properties, enhance scale, and deliver accretion, while New York remains the core market.
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A major residential REIT merger will combine high-quality Sunbelt and New York City assets, giving unitholders immediate cash, a majority stake in a larger platform, and exposure to significant synergies and growth potential. The deal is expected to close in Q4 2026, pending approvals.
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Results exceeded IPO forecasts with 99% occupancy, strong rent growth, and a 10.7% blended lease trade-out. Four accretive acquisitions will double the portfolio, while liquidity and leverage remain well managed. Manhattan market conditions continue to support robust performance.
Fiscal Year 2025
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Q4 2025 results exceeded forecasts across all key metrics, driven by high occupancy, rent growth, and accretive acquisitions. The portfolio remains well-positioned for further growth, with strong liquidity, disciplined leverage, and a robust pipeline in resilient Manhattan and Brooklyn markets.
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Surpassed Q3 2025 forecasts for revenue, NOI, and AFFO, driven by strong rent growth and 99.5% occupancy. Manhattan luxury rental fundamentals remain robust, with limited new supply and high demand supporting continued outperformance.